Introduction: Before jumping on the topic of the private limited company registration process, let us break down the steps in simple ways. A private limited company is under the authority of the Ministry of Corporate Affairs. It is under Section 2(68) of the Companies Act 2013 that it is a company whose (AOA) Article of Association prevents the transfer of its shares and a large number of the public from subscribing to the same.

Pvt. Ltd. company registration online is a business entity with private ownership. It is owned by non-governmental organizations or relatively small shareholders or members of a company. 

The best private limited company registration consulting service is provided by JR Compliance. They will assist you in the documentation process to ensure the availability of the required documents. The experts are there to deal with your queries. Dive into the details of the private limited company registration process, benefits, and best consulting services.

Types of Private Limited Companies

1 Company Limited by Share

2 Company Limited by Guarantee

3 Unlimited Companies

Private Limited Company Benefits

• You are required to have a minimum of 2 members and extend up to 200.
• Earlier, to incorporate a company registration, you were required to pay a minimum of up to Rs 1 lakh; however, this is now eliminated.
• The company should have a private company or Pvt. Ltd., at the end of its name.
• Just as in a public limited company, you have access to transfer the shares without restriction in a private limited company.

Documents Required: 

• Share capital amount and the preferred ratio of shareholding.
• If you own the property, you must present the ownership and selling deed.
• If you are renting a property, you must present a rent agreement as well as an NOC (No Objection Certificate) from the owner.
• The directors' PAN cards serve as confirmation of identification.
• You can provide address verification for the registered office by submitting an electricity bill, a phone bill, etc.
• You have to submit proof of voter ID cards, driver's licenses, passports, and others for the directors' addresses.
• Occupation data for directors and shareholders.
• Affidavits will be required for non-acceptance.
• Passport-sized pictures of the directors and shareholders.
• Subscriber sheet of Articles of Association (AOA) and Memorandum of Association (MoA).
• Foreign national members must provide proof of their nationality. 

Private limited company registration procedure:

• First, determine if the company's name is available for registration online.
• Once the company's name has been established, apply for a Digital Signature Certificate (DSC) and Director Identification Number (DIN).
• Then, to register the private limited company, fill out the Memorandum of Association (MoA) and Articles of Association (AoA).
• Later, apply for the company's PAN and TAN.
• The certificate of incorporation will be issued after receiving the PAN and TAN.
• Create a current account under the company name.
• Submission of the application form with the required documents.

Conclusion

To sum it all up, private limited registration can be a huge step toward success for your company. Take advantage of private limited company certification benefits and get certified. If you require a private limited company registration consultant, then a top-ranking consultant team such as JR Compliance can provide you with all the necessary information.